La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional
Summary
A statement by Friends of the Earth International criticizing the COP26 announcement to end public financing for overseas fossil fuel projects, arguing that it is hypocritical as participating nations continue domestic extraction and fail to provide essential climate finance for the Global South.
Key insights
- During the COP26 'Energy Day', the United Kingdom, the United States, and 18 other nations pledged to end public financing for overseas fossil fuel projects by the end of 2022. While the inclusion of oil and gas alongside coal is welcomed, the agreement contains legal loopholes and excludes major polluting wealthy nations such as Japan and South Korea.
- The agreement is characterized as hypocritical because it does not prohibit the increase of domestic fossil fuel extraction within the participating countries. The United Kingdom and the United States are cited as primary examples of historical polluters that must commit to discontinuing fossil fuels within their own borders.
- Wealthy nations are criticized for failing to provide the climate finance necessary for a just energy transition in the Global South. The organization advocates for renewable energy systems based on social and community ownership, energy sufficiency, and energy sovereignty, rather than privatization or further extractivism.
- There is significant concern regarding the pressure from wealthy countries and large polluting corporations to implement 'escape routes' such as net-zero emissions, carbon emission markets, and geoengineering.
- Friends of the Earth England, Wales and Northern Ireland is taking legal action against the UK government for financing a gas extraction project in Mozambique, with hearings scheduled to begin on December 7, 2021.
Cite the original document
- APA
- FOEIAdmin (2021). La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional. Friends of the Earth International. https://www.foei.org/es/la-cop26-pone-fin-al-financiamiento-de-combustibles-fosiles-una-medida-bienvenida-pero-hipocrita/
- Chicago
- FOEIAdmin. La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional. Friends of the Earth International, 2021. https://www.foei.org/es/la-cop26-pone-fin-al-financiamiento-de-combustibles-fosiles-una-medida-bienvenida-pero-hipocrita/.
- Wikipedia
- {{cite press release |last1=FOEIAdmin |title=La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional |publisher=Friends of the Earth International |date=4 November 2021 |url=https://www.foei.org/es/la-cop26-pone-fin-al-financiamiento-de-combustibles-fosiles-una-medida-bienvenida-pero-hipocrita/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{foeiadmin2021cop26, author = {FOEIAdmin}, title = {{La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional}}, publisher = {Friends of the Earth International}, year = {2021}, month = nov, url = {https://www.foei.org/es/la-cop26-pone-fin-al-financiamiento-de-combustibles-fosiles-una-medida-bienvenida-pero-hipocrita/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated